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Mustamäe

2 596 €/m²
Apartment deal €/m² (Maa-amet) · first quarter of 2026 (January–March)
350
deals
+15 %
Asking vs deal, same build years
3 117 €/m²
Sale · Asking €/m²
160 000 €
Sale · Typical price
10,0 €/m²
Rent · €/m² per month
3,8 %
Gross yield (rent×12 / price)

Sale: 607 active properties Rent: 483 active properties

The “typical” price on this site is the median: half of the properties are dearer, half cheaper; a few very expensive or very cheap offers do not move it. How we count →

Mustamäe: the typical asking price on 6 Oct 2026 is 3 117 € per m², 160 000 € per home (607 properties for sale). That is 16 % below the Tallinn average. Renting costs 10,0 € per m² a month, a typical rent is 669 € a month (483 properties). Buying to let returns 3,8 % of the price a year, before taxes and costs. 175 new properties came on the market in the last 30 days; 1 % of active ones are already booked. 19 % of properties have already been discounted, typically by 2,4 %. New builds ask 4 667 € per m², resale homes 2 816 €. Mustamäe: in the first quarter of 2026 (January–March), apartments actually sold for 2 596 € per m² (350 deals, Maa-amet data) — for flats of the same build years, sellers now ask 15 % more than buyers pay. A typical apartment costs 6,1 years of the typical wage (2 200 € a month before tax); with a mortgage that is 723 € a month against 554 € in rent. Over the year asking prices rose 7 % (third quarter of 2025 → third quarter of 2026).

Market · Sale

612
active properties
4 booked (0,7 %)
+175
new in 30 days
19 %
with a price cut
typically by 2,4 %

New builds and resale

New builds are 28 % of apartments in listings but only 4 % of the year's deals. A square metre in a new build costs more than in resale: 66 % more in listings and 61 % more in deals.

New buildsResale
In listings, €/m²4 667 €1432 816 €377
In deals over the year, €/m²3 992 €572 473 €1 320

New build — a house completed in 2020 or later (2021 or later in deals). Deals: second quarter of 2025 – first quarter of 2026.

What buildings the apartments are in

Most apartments for sale are in panel blocks — 57 %. A square metre in a new building costs 54 % more than in panel blocks.

BuildingShare for sale€/m²Typical price
Panel block, to 199057 %2382 742 €127 900 €
Brick or stone, to 201016 %682 701 €139 000 €
New, 2011 or later26 %1094 223 €222 990 €

Asking prices in listings. Year built and material — from the listing or the national building register.

How long flats take to sell

New-build flats now for sale have been listed for 2 months on average, resale flats for 50 days. 20 % of new builds and 11 % of resale flats have been on sale for over six months.

2 months
new builds (2020+) for sale
20 % over six months · 61 listings
50 days
resale for sale
11 % over six months · 316 listings

Counted from the first time the listing appeared on a portal. This is the age of flats not yet sold, not the time to sell: flats that sold quickly are not in it.

Transactions (Maa-amet) · second quarter of 2026 (April–June) · preliminary

Actual apartment deals per Maa-amet in the latest full quarter. Asking — current apartment sale listings. Maa-amet has not entered the whole quarter yet: the median is already telling, the deal count will still grow.

2 580 €/m²
Deal €/m²
159
deals
+15 %
Asking vs deal, same build years
48 m²
mean floor area

A square metre of a small apartment (under 30 m²) is 76 % more expensive in deals than one of 55–70 m².

Floor areaDeal €/m²dealsAsking €/m²Gap
10–29 m²3 797 €213 713 €−2 %
30–41 m²2 644 €104 066 €+54 %
41–55 m²2 589 €723 009 €+16 %
55–70 m²2 158 €482 817 €+31 %
70–250 m²2 747 €83 451 €+26 %

By year the house was built

Year builtDeal €/m²dealsAsking €/m²Gap
1940–19702 476 €862 757 €+11 %
1971–19902 246 €382 657 €+18 %
2001–20102 744 €7——
2016–20203 667 €5——
2021+4 053 €84 507 €+11 %

Year bands are Maa-amet’s. Asking price is shown where the listing band matches the deal band; elsewhere a dash. “—” — too little data to show a figure.

Deal price €/m² by quarter

1 000 € 2 000 € 3 000 € 20042006200820102012201420162018202020222024
Mustamäe Tallinn overall

Subdistricts: apartment deals

  • Kadaka 3 429 €/m² · 53 deals
  • Sääse 2 648 €/m² · 40 deals
  • Siili 2 518 €/m² · 14 deals
  • Mustamäe 2 466 €/m² · 243 deals

Affordability

6,1
years of wage for a typical apartment
1,44
monthly wages per 1 m²
2 200 €
typical wage (pre-tax, monthly) · 1 Jun 2026
723 €
mortgage payment per month · 4,9 %
typical rent 554 € · 33 % of wage

Wage — the typical (median) pre-tax wage from Statistics Estonia (districts use the Tallinn figure, municipalities the Harju county one). Mortgage payment on a typical apartment: 15 % down, 30 years, Euribor 6M + 2 pp; insurance not included.

By property type

Apartments · Sale

Below — apartments only. Year built, storeys, building material and heating come from the national building register when the listing does not say.

By number of rooms
€/m²Per homeProperties
1 room3 561 €93 000 €47
2 rooms3 227 €140 000 €287
3 rooms3 153 €169 945 €198
4+ rooms2 833 €194 950 €47
By floor area
€/m²Per homeProperties
10–29 m²3 713 €86 000 €29
30–41 m²4 066 €139 450 €60
41–55 m²3 009 €139 000 €269
55–70 m²2 817 €172 000 €163
70–250 m²3 451 €268 500 €64
By year built
€/m²Per homeProperties
1946–19702 757 €125 950 €210
1971–19902 657 €142 750 €100
1991–20103 339 €173 450 €28
2011–20193 852 €209 500 €43
2020+4 507 €225 000 €66
By building height
€/m²Per homeProperties
1–2 storeys3 030 €120 000 €5 ≈
3–5 storeys2 766 €124 900 €230
6–9 storeys3 561 €186 990 €229
10+ storeys4 288 €231 000 €107
By building material
€/m²Per homeProperties
Panel2 849 €138 900 €318
Brick2 778 €139 450 €58
Stone/block4 691 €235 000 €167
Other3 992 €206 200 €14
By heating
€/m²Per homeProperties
District heating3 195 €163 990 €547
Electric4 909 €231 000 €5 ≈
Stove/fireplace3 030 €120 000 €5 ≈

A square metre in a class A apartment is 76 % more expensive than in class D. Class A almost always means a new building.

By energy class
€/m²Per homeProperties
A4 874 €244 000 €89
B4 212 €198 990 €39
C2 900 €164 500 €87
D2 765 €129 949 €116
E2 671 €138 950 €56
F2 778 €121 900 €12
G3 290 €117 450 €8 ≈

Asking price €/m² by quarter

100 000 € 150 000 € 200 000 € 202120222023202420252026
Mustamäe Tallinn overall

Frequently asked questions

How much does a square metre cost in Mustamäe?
Listings on 6 Oct 2026 typically ask 3 117 € per m², about 160 000 € for a whole apartment. These are sellers' asking prices; actual deals usually close lower.
What does it cost to rent in Mustamäe?
Typically 10,0 € per m² a month, about 669 € a month for a typical apartment — based on 483 properties.
Is buying to let worthwhile in Mustamäe?
Buying at the typical price and renting out at the typical rate returns 3,8 % of the price a year — before taxes, vacancy and repairs.
What do apartments in Mustamäe actually sell for?
Maa-amet data: 350 deals in the first quarter of 2026 (January–March) at a typical 2 596 € per m². For flats of the same build years, sellers currently ask 15 % more than buyers pay.
Is it cheaper to buy or rent in Mustamäe?
A mortgage on a typical apartment (15 % down, 30 years, 4,9 %) costs 723 € a month; renting the same, 554 €. The payment is 33 % of the typical pre-tax wage.
Where does the data come from?
The data comes from public listings on Estonia's property websites — the same pages any visitor sees. Duplicates are merged (a flat listed on several sites counts once) and we compute medians — the "usual" price, unaffected by a few very cheap or very expensive offers. Deal prices come from Maa-amet, wages from Statistics Estonia. See the Methodology page.

Pick a district — see prices and history

Apartment deals, €/m², first quarter of 2026 (January–March) 2 424 €3 714 € no deals